Exhibit 10.4

McDERMOTT INTERNATIONAL, INC.

Summary of

Named Executive Officer

2012 Base Salary and

Target EICP Compensation

Named Executive Officer	Base Salary		Target EICP Award (as  a % of 2012 base salary earned)
Stephen M. Johnson President and Chief Executive Officer	$	950,000		100	%
Perry L. Elders Senior Vice President and Chief Financial Officer	$	485,000		70	%
Gary L. Carlson Senior Vice President and Chief Administration Officer	$	336,000		70	%
Liane K. Hinrichs Senior Vice President, General Counsel and Corporate Secretary	$	440,000		70	%
John T. McCormack Executive Vice President, Chief Operating Officer	$	500,000		80	%